Other Gaming Guide Highlights • Other casino industry issues including currency transaction reporting, managing properties for third parties, guarantees, long-lived assets and impairments, accounting uniforms and other long-lived stock assets.
• The Guide illustrates financial statements with footnote disclosures for FASB and GASB entities.
• Background information on rules of games.
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Free Play Issues
• Free Play is not ‘Free’! - AICPA Guide Requires Accrual at Average Theoretical Payback % !! • Statistical Reporting (Actual vs. Theoretical Win) • General Ledger Reporting Issues • Financial Statement Reporting • State Revenue Sharing Fee Computation • Continuous Program Monitoring for Actual vs. Forecasted Results!
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BlueBird CPAs
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